The PSI, the new system of tax incentives for investors replacing the previous system of special economic zones (SSE), was effectively inaugurated on 5 September 2018 with the long awaited key secondary legislation...

The prevailing rule is that when a party to a transaction commits a fraud or abuses VAT regulations, the right of other businesses to deduct VAT cannot be challenged if they were unaware of the fraud or abuse...

The PSI, the new system of tax incentives for investors replacing the previous system of special economic zones (SSE), was effectively inaugurated on 5 September 2018 with the long awaited key secondary legislation...